What Hedge Funds Are Hiring and Where
The pace of hiring in the hedge fund industry is slowing, but fund managers still take on staff to support growth, a survey by E&Y has found. The survey comprised 100 telephone interviews with...
View ArticleEuropean banks – what to look out for
The link between European banks and sovereign risk has weakened following regulation to establish the eurozone’s banking union, according to recently published research by rating agency Scope Ratings....
View ArticleThe next big crisis for banks could be near
Banks still have to deal with the consequences of their excesses, which brought on the financial crisis. Their reputation is in tatters, fines are slapped on them almost daily and regulation controls...
View ArticleECB QE could blow up a ‘credit bubble’ in the eurozone
The European Central Bank’s long-awaited quantitative easing (QE) programme will not actually do much to lift the eurozone from economic stagnation and deflation, a strategist warned. QE—under which...
View ArticleThe world’s tightest regulated banks
Bank shareholders hoping that profits will rise rapidly in the quarter ahead are likely to be disappointed. The various constraints placed on banks after they were saved from bankruptcy at the cost of...
View ArticleBanks mis-selling scandal: how was it possible?
By Patrick Selley I once attended a speed awareness course, and everyone in the room was asked to give a reason for why drivers habitually break the speed limit. From the range of answers given, I was...
View ArticleShare buybacks could soon become more difficult
The biggest question that is still unanswered after the 2007-2009 financial crisis is: why has growth been so slow? Compared to previous recessions, both in the US and in Europe, the rebound has felt...
View ArticleEurozone banks get help from ECB collateral measure
A small step for the ECB, a big step for eurozone banks could be one way of looking at a recent announcement by the European Central Bank that it is widening the array of financial instruments that it...
View ArticleNew Basel rules mean buy-to-let mortgage interest rates will jump
Ahead of the Chancellor’s Budget set to be published on March 16, there is a lot of speculation that he may announce other measures to cool down the buy-to-let property market. I don’t think he will...
View ArticleFacebook faces big questions for the Libra currency
Facebook’s announced “currency”, Libra, has understandably created a splash. The social network’s track record does not inspire a lot of confidence. Its unwitting facilitation of Russia’s threats to...
View ArticleBoris Johnson’s Brexit bus is broken
As Conservative Party members vote for the next UK prime minister — the one who will maybe, possibly, finally take Britain out of the European Union — they face a depressing choice: neither of the...
View ArticleWiley’s European customers should read this
How seriously is Wiley taking its European customers? The NYSE-listed provider of professional education services doesn’t seem to be aware of basic consumer rights legislation in Europe and the UK....
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